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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 03, 2015
Dec. 28, 2013
Dec. 29, 2012
Income Statement      
Net sales $ 1,047,777us-gaap_SalesRevenueNet $ 965,462us-gaap_SalesRevenueNet $ 891,345us-gaap_SalesRevenueNet
Cost of sales 703,367us-gaap_CostOfGoodsAndServicesSold 633,948us-gaap_CostOfGoodsAndServicesSold 589,681us-gaap_CostOfGoodsAndServicesSold
Gross profit 344,410us-gaap_GrossProfit 331,514us-gaap_GrossProfit 301,664us-gaap_GrossProfit
Selling, general, and administrative expenses 227,711us-gaap_SellingGeneralAndAdministrativeExpense 204,014us-gaap_SellingGeneralAndAdministrativeExpense 188,486us-gaap_SellingGeneralAndAdministrativeExpense
Restructuring expense 16,611us-gaap_RestructuringCharges 3,719us-gaap_RestructuringCharges 221us-gaap_RestructuringCharges
Operating income 100,088us-gaap_OperatingIncomeLoss 123,781us-gaap_OperatingIncomeLoss 112,957us-gaap_OperatingIncomeLoss
Interest expense (10,735)us-gaap_InterestExpense (10,597)us-gaap_InterestExpense (10,208)us-gaap_InterestExpense
Other income, net 1,349us-gaap_OtherNonoperatingIncomeExpense 1,696us-gaap_OtherNonoperatingIncomeExpense 14,901us-gaap_OtherNonoperatingIncomeExpense
Foreign exchange expense (999)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (3,331)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (1,662)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Income before income taxes 89,703us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 111,549us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 115,988us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 18,851us-gaap_IncomeTaxExpenseBenefit 28,851us-gaap_IncomeTaxExpenseBenefit 32,250us-gaap_IncomeTaxExpenseBenefit
Net income 70,852us-gaap_ProfitLoss 82,698us-gaap_ProfitLoss 83,738us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests (1,046)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (740)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (874)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Franklin Electric Co., Inc. $ 69,806us-gaap_NetIncomeLoss $ 81,958us-gaap_NetIncomeLoss $ 82,864us-gaap_NetIncomeLoss
Income per share:      
Basic (in dollars per share) $ 1.43us-gaap_EarningsPerShareBasic $ 1.70us-gaap_EarningsPerShareBasic $ 1.76us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 1.41us-gaap_EarningsPerShareDiluted $ 1.68us-gaap_EarningsPerShareDiluted $ 1.73us-gaap_EarningsPerShareDiluted
Dividends per common share $ 0.3475us-gaap_CommonStockDividendsPerShareCashPaid $ 0.3050us-gaap_CommonStockDividendsPerShareCashPaid $ 0.2850us-gaap_CommonStockDividendsPerShareCashPaid